• Overview
  • Reviews (6)
  • Comments (34)
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Gridingale

4.2

Gridingale is a new complex Expert Advisor that combines grid and martingale. It will create an order grid according to the settings but also add a martingale on it. So it will take profits on little and big movements

A loss covering system is integrated to allow the recovery of orders that are too distant from the current price. It is possible to filter the opening of a new cycle with an indicator.

It can work on both sides at the same time, but it is interesting to have it work on markets that have a rebate to maximize  profits over the long term.

Results are good on EUR/USD but you can use it everywhere by adjusting the settings. Timeframe H1.
Live signal: https://myx.gg/mql5
Share your best configuration set or find help on the discord: https://myx.gg/discord
MT5: https://www.mql5.com/en/market/product/42439
Recommended BrokerICMarkets (4.8/5⭐ on Trustpilot for 10k+ reviews) 

Inputs:

  • Buy enabled - Allow the EA to Buy.
  • Sell enabled - Allow the EA to Sell.
  • Rebate mode - Allow the EA to Buy or Sell only if there is a positive swap.
  • Maximum orders - Maximum order the EA can take simultaneously.
  • Start new cycle - Tell the EA to start a new cycle at the end of the current one.
  • Use indicator to start a new cycle -  Only start a new cycle if the indicator is overbought (for sell) or oversold (for buy) in the selected timeframe & period.
  • Indicator - Indicator to use (RSI, MFI or Stochastic).
  • Indicator Timeframe - Timeframe for the indicator.
  • Indicator Period - Period for the indicator.
  • Lot multiplier for martingale - Lot multiplier for martingale.
  • Initial martingale lot - Initial lot for martingale.
  • Initial martingale lot per balance - Balance per initial lot. (Ex: if Initial martingale lot = 0.01 & Initial martingale lot per balance 1000, lot will be 0.01 at 1000, 0.02 at 2000, 0.1 at 10000)
  • Grid lot - Lot for grid orders.
  • Grid lot per balance - Balance per initial lot. (Ex: if Grid lot = 0.01 & Grid lot per balance = 1000, lot will be 0.01 at 1000, 0.02 at 2000, 0.1 at 10000)
  • Maximum lot - Maximum lot the EA can use for an order.
  • Global TakeProfit - TakeProfit for the martingale. (It will also close grid orders)
  • Global StopLoss - StopLoss for the martingale. (It will also close grid orders)
  • Grid TakeProfit - TakeProfit for grid orders. 
  • Grid StopLoss - StopLoss for grid orders.
  • Distance between grid orders - Distance between two grid orders.
  • Distance between martingale orders - Distance between two martingale orders.
  • Distance added every new martingale order. Distance added every new martingale order from last.
  • Order number for loss covering. Must be >= 2 - Number of martigale orders that need to be open for activate the loss covering system.
  • Loss covering TakeProfit - Loss covering TP
  • Magic number - The magic number.
  • Show buttons and informations - Display buttons and informations box in the chart.

Recommended balance: low risk: +10,000$, medium risk: +3,000$, high risk: ±500$.

WARNING: I sell all my products only on the official MQL5 website. If you see it somewhere else, it's a scam.


Reviews 6
Fabrizio La Mantia
651
Fabrizio La Mantia 2021.09.13 20:55 
 

if you have open mind you can use this EA in every way you want make money. In every my account i use this EA in combination with some indicators. At the moment i one year i never lose money just grow up my accounts!

Sasha Banjac
111
Sasha Banjac 2020.05.26 16:49 
 

It is a killer combo and a winning formula This EA shows no mercy. Outstanding algo does everything possible to extract pips and keep you on the winning side. This is not just ordinary we have heard it before type of thing . Support is unparalleled, directly in touch with the developer if you need any help. Impressive. 10/10

Cheers

Cristian Mihail Pauna
13023
Cristian Mihail Pauna 2022.09.23 08:12 
 

Positive feedback!

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Cristian Mihail Pauna
13023
Cristian Mihail Pauna 2022.09.23 08:12 
 

Positive feedback!

Fabrizio La Mantia
651
Fabrizio La Mantia 2021.09.13 20:55 
 

if you have open mind you can use this EA in every way you want make money. In every my account i use this EA in combination with some indicators. At the moment i one year i never lose money just grow up my accounts!

Arthur Hatchiguian
30443
Reply from developer Arthur Hatchiguian 2021.09.14 10:50
Hi, great to hear, thanks for your feedback.
kvinvest
64
kvinvest 2020.07.07 04:59 
 

Rented this EA and using it in live accounts in different setting. With some monitoring and manual intervention to avoid over trade, EA is working as expected. Shall recommend to buy.

Sasha Banjac
111
Sasha Banjac 2020.05.26 16:49 
 

It is a killer combo and a winning formula This EA shows no mercy. Outstanding algo does everything possible to extract pips and keep you on the winning side. This is not just ordinary we have heard it before type of thing . Support is unparalleled, directly in touch with the developer if you need any help. Impressive. 10/10

Cheers

pngong81
76
pngong81 2019.12.28 22:41 
 

User didn't leave any comment to the rating

[Deleted] 2019.10.02 14:52 
 

User didn't leave any comment to the rating

Reply to review
Version 5.0 2020.06.02
- updating core
- minor bug fix
- new default settings
Version 4.0 2020.04.23
- updating core.
- adding new indicators (MFI and Stochastic) and the possibility to set the period.
Version 3.0 2020.02.05
- New option to filter the opening of a new cycle with the RSI
Version 2.0 2019.10.20
-Adding an information box.
-Adding buttons to close orders.
-Adding auto lot for martingale & grid.
-Adding a new cycle option to stop the EA at the end of the current cycle.
-Upgrading Loss covering system.

Warning: This will not work with versions 1.5 & older. You should only use it on an empty chart because old orders will not be taken into consideration.
Version 1.6 2019.10.02
-Optional update: Changing orders comment.

Warning: This will not work with older versions. You should only use it on an empty chart because old orders will not be taken in consideration.
Version 1.5 2019.10.01
-Adding comment
Version 1.4 2019.10.01
-Bug fix
Version 1.3 2019.10.01
-Adding alerts.
Version 1.2 2019.09.30
-Bug fix
Version 1.1 2019.09.30
-Code optimization